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855 NNPC, Sahara Take Delivery of Two Multi-million Dollar LPG Vessels
NNPC, Sahara Take Delivery of Two Multi-million Dollar LPG Vessels
The Nigerian National Petroleum Company Limited (NNPC) Limited and its Joint Venture (JV) partner, Sahara Group, yesterday took delivery of two 23,000 CBM Liquefied Petroleum Gas (LPG) vessels at the Hyundai MIPO Shipyard in Ulsan, South Korea.
The new vessels, MT BARUMK and MT SAPET was learnt to have increased NNPC and Sahara Group’s investment to over $300 million, approaching the JV’s $1 billion gas infrastructure commitment by 2026.
The fleet previously comprised MT Sahara Gas and MT Africa Gas and all the four vessels were built by Hyundai MIPO Dockyard, a foremost global manufacturer of mid-sized carriers.
Sahara announced the latest development in a statement issued yesterday, quoting the Group Managing Director of NNPC, Mallam Mele Kyari,
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